Jakarta, CNBC Indonesia – Private power generation companies (Independent Power Producer/IPP) from the United States (US), namely PT ThorCon Power Indonesia, is preparing to build the first Nuclear Power Plant (PLTN) in Indonesia which is targeted to start operating in 2030.

Chief Operating Officer ThorCon, Bob S. Effendi said that in November 2024, his party will start the first steel cutting which will be carried out at the South Korean shipyard.

After that, Bob targets that in 2027, the nuclear power plant unit will arrive in Indonesia. The location chosen was in the Bangka Belitung Islands. Apart from that, the operational permit for the Nuclear Energy Supervisory Agency (Bapeten) is targeted for 2029.

“Commercial operation target 2030, First steel cutting at the shipyard in South Korea, November 2024, nuclear power plant unit to location in 2027, Bapeten operating permit target 2029,” he explained to CNBC Indonesia when contacted, Monday (23/10/2023 ).

He revealed that the targeted timeline for the process of building a domestic nuclear power plant is still being discussed further with Bapeten.

Meanwhile, Bob explained that in the future the nuclear power plant which is predicted to be the first nuclear power plant candidate in Indonesia will have a capacity of 500 Mega Watt (MW).

Furthermore, the nuclear power plant will reap an investment of IDR 13 trillion. Meanwhile, the fuel that will be used by the nuclear power plant, one of which is Thorium, is said to be imported to Indonesia first. “But in the future a fuel factory will be built,” he added.

Apart from that, Bob claims that Government Regulation (PP) Number 5 of 2021 opens up opportunities for nuclear power plants in the country. So his party is just waiting for the issuance of a Presidential Regulation as a legal umbrella for domestic nuclear power plant development.

“We need a Presidential Decree as a legal umbrella for the project, the more important of which is the publication of the Revised KEN (National Energy Policy) and the formation of the NEPIO (Nuclear Energy Program Implementation Organization),” he stressed.

[Gambas:Video CNBC]

(pgr/pgr)